INDUSTRY REPORT
Our CategoryIQ reports unpack the latest market trends from US Amazon data at the category level. These exclusive insights help our customers understand the category and competitive dynamics influencing market growth, and how they can apply winning strategies to grow their brands across retailers, too.
The Power Tools category saw strong growth in Q3 2024, with an overall market expansion of 6.9%. Makita led in market share gains driven by increased promotions, while Dewalt and Milwaukee lost ground. In terms of product mix, Impact Drivers is a competitive segment with no brand dominating currently, while purchases for Battery Charger for Drills took the highest category share at 15.58%.
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